Revoke Wall Street’s License to Steal

JPMorgan Chase, Citigroup, Wells Fargo, US Bancorp and PNC Financial have found too many ways to break the law.

Buried in the fine print of these banks’ customer contracts is a forced arbitration clause that kicks ripped-off customers out of court and instead funnels them into a rigged game designed by Wall Street. Customers are forced to plead their cases to a private arbitrator who doesn’t even have to follow the law.

The arbitrator’s decision is almost impossible to appeal, and any evidence of corporate wrongdoing — conveniently for the Big Banks — remains secret.

With forced arbitration, Wall Street has given itself a license to steal from the public and evade the law. Tell these banks to respect consumers and stop using forced arbitration!

We, the undersigned, call on your financial institution to remove the forced arbitration requirements from your contracts with customers. Forced arbitration functions as a license to steal that makes it impossible for customers to hold you accountable in court if you break the law. Honor our rights and stop using forced arbitration.

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How Big Are These Big Banks?

JPMorgan Chase: $2.4 trillion in assets

Citigroup: $1.88 trillion

Wells Fargo: $1.8 trillion

US Bancorp: $364 billion

PNC Financial: $321 billion

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They should be held to the same standards the rest of us are.I would like to be held to there standards too.(to big to fail)

24456

3 months ago

Bill Ward

24455

9 months ago

Donald Kokkonen

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9 months ago

Emmanuel

May Justice get Truly Done Here!!!

24453

12 months ago

Kenneth Dyas

Talk their language by changing to community-based banks, If the big banks lose enough accounts/profits they will definitely change their practices. Vote with your money!!

24452

1 year ago

TJ Colatrella

Nationalize and Reform our Corrupt Banking System, Top to Bottom..!

24451

1 year ago

E B

24450

1 year ago

JIM

24449

1 year ago

Darrel Whipple

24448

1 year ago

PAM KUNG

(please do not spam)

24447

1 year ago

Saul Fuentes

24446

1 year ago

Terrill Sheeks

24445

1 year ago

DR. T. RANDALL (RANDY) MOCK, M.D., Ph.D.

24444

1 year ago

Katherine Gilbert

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1 year ago

ELENA SIVAC

Our family is victims of the arbitration that forcing us commit the law violation ("unlawful act") and even so, there is very slim possibility the arbitrator' award will be vacated. How in t...

24442

1 year ago

Peter and Marilyn Deraneyma@gmail.com

Egregious unethical corporate behavior given as a right through hidden fine print cries out for reform legislation. Imagine if real persons had such language limiting corporate right to sue individu...

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